Settings8H · net · $10k
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Funding arb · Price arb / Crypto

MAGMA

All MAGMA markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
AsterMAGMAUSDT
0.2285+0.0100pay 0.0050% / 4h8m 20s$232K$42K5xLong Aster≤10% back
SHORT
GateMAGMA_USDT
0.2283+0.0100get 0.0050% / 4h8m 20s$954K$545K20xShort Gate
Price gap−0.107%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.055% under its 7d average: the price leg works against you, −$6 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$30.0000% /8h now · paid −0.028% over the last 7D
Price−$6spread −0.107% now, avg −0.052% → −0.055% if it goes back
Costs−$1661.663% of $10k · taker + slippage, in and out
Result−$175−1.75%+ Points / potential airdropAster: Stage 5 · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.107%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MAGMA on 10 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size24.3 / 65.3 bp
    At $10k entering Gate costs 65.3 bp, fee and slippage, 2.7× Aster’s.
  • Note: Margin at max leverage$2,000 + $500
    Aster 5x, Gate 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Aster: 6 payments, −$3.00; short Gate: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.107% vs −0.052%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$232K vs $954K OI
    Aster sets your exit cost. Check its book before closing.
  • OK: Points on a legAster Stage 5
    Volume here counts toward the points program.
  • Watch: KYCAster No · Gate Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0014%/8h × 21 periods−$2.85
Price spread−0.107% → −0.052% (7d avg)−$5.53
Slippage, 4 orderslive order books−$143.30
Fee Aster bp × 2 orders−$8.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$174.69
Costs to cover1.663%Break-evennever at this rate
Slippage: Aster: live order book, 34 min ago; Gate: live order book, 34 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAster3.4524.3 bp−$24208.2 bp−$2,082doesn’t fitdoesn’t fit
SELL · SHORTGate3.2365.3 bp−$65227.7 bp−$2,277doesn’t fitdoesn’t fit

Closing costs about the same again.

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